Insulating material - a material that reduces or prevents the transmission of heat or sound or electricity
High-Performance Insulation Materials industry has much fragmented, manufacturers are mostly in the North America and Europe. Among them, North America Production value accounted for less than 28.21% of the total value of global High-Performance Insulation Materials. Overall, the High-Performance Insulation Materials performance is positive, despite the weak economic environment.
The Asia-Pacific market is projected to register the highest growth in the global high-performance insulation materials market between 2016 and 2021. The high-performance insulation materials market in Europe and North America is consolidated, whereas, the market in Asia-Pacific has a fragmented structure. High-performance insulation materials manufacturers are significantly expanding their production capacities in China, Japan, and South Korea.
The major restraints in the high-performance insulation materials market are high production cost of aerogels and carcinogenic nature of ceramic fibers. Expansion and new product launch are the most preferred strategies adopted by the key market players to sustain in this highly competitive market. Major opportunities in the market are growing applications of aerogels in day-lighting segment and others.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the High-Performance Insulation Materials raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of High-Performance Insulation Materials.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of High-Performance Insulation Materials will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The global High-Performance Insulation Materials market was 5880 million US$ in 2018 and is expected to 8890 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2019 and 2025.
This report studies the High-Performance Insulation Materials market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of High-Performance Insulation Materials in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Morgan Thermal Ceramics
The 3M Company
Shandong Luyang Share Co., Ltd.
Ibiden Co. Ltd.
Aspen Aerogels, Inc.
Isolite Insulating Products Co., Ltd.
Guangdong Alison Hi-Tech Co. Ltd.
Aerogel Technologies, Llc
Nano High-Tech Co., Ltd.
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Oil & Gas
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global High-Performance Insulation Materials market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of High-Performance Insulation Materials market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global High-Performance Insulation Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High-Performance Insulation Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of High-Performance Insulation Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of High-Performance Insulation Materials are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Tonne). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High-Performance Insulation Materials market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of High-Performance Insulation Materials market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.